GREY:ZARFF - Post by User
Post by
Yemenon Jul 10, 2012 2:00pm
346 Views
Post# 20098850
It all depends on the price of oil
It all depends on the price of oil If the oil price had stayed at 95.00 + no problems. $85.00 things are iffy. $75.00 pretty problematic and a divvy cut is inevitable if it stays there for anything longer than a few monhs. $65.00 and all bets are off.
There you have it in a nutshell. If you think that oil will rise abouve $80-$85.00 accumulation is a wise idea b/c a ;price from that level is a strong possibility. Given the current situation world wide, I believe we will see $70-$75 before we see $90-95.00. Just my view. Comments??